Star Health Offices Slapped with Rs 49 Crore GST Demand Notices Across Multiple States
2025-03-24
The Financial Express
In a significant development, Star Health offices in multiple states have received GST demand orders totalling Rs 49 crore, as per an exchange filing. The tax demands are reportedly related to alleged violations, including non-payment of Goods and Services Tax (GST) on coinsurance transactions, highlighting the importance of GST compliance in the insurance sector. The company is likely to face a significant financial burden due to these tax demands, which may impact its business operations. The GST council has been cracking down on tax evasion, ensuring businesses adhere to GST regulations, including GST registration and GST returns filing.
